[servercobra]

The study is meant to look at the effects of UBI, not provide a universal basic income to everyone. The study wouldn't be super useful if you included a billionaire, because nothing about their lives would change. They have limited money to do the study, so they have to draw a line somewhere.

[rapind]

I'm not sure how we went from $35k to billionaire, but I agree with your point. I am definitely curious though how it affects people earning 50k, 70k, 100k though. I suspect a chunky increase in index funds, retirement plans, and investing at some threshold, which affects the market at large. Social programs, children's sports (hockey equipment and ice rentals aren't cheap!), real estate, the list goes on. Obviously untestable, but interesting. Could be extremely transformational, or maybe cost of living simply jumps.